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Arkansas General Assembly· SB 637Notification that SB637 is now Act 1018

An act TO AMEND THE REVENUE STABILIZATION LAW, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Arkansas General Assembly, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
Stricken language would be deleted from and underlined language would be added to present law.

1 State of Arkansas        A Bill
2 95th General Assembly

3 Regular Session, 2025                                            SENATE BILL 637

4

5 By: Senator J. Dismang

6 By: Representative Jean

7

8                          For An Act To Be Entitled

9               AN ACT TO AMEND THE REVENUE STABILIZATION LAW; TO

10              DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES.

11

12

13                         Subtitle

14                       TO AMEND THE REVENUE STABILIZATION LAW;

15                       AND TO DECLARE AN EMERGENCY.

16

17 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:

18

19  SECTION 1. The purpose of this act is to amend the Revenue

20 Stabilization Law.

21

22  SECTION 2. Arkansas Code 19-5-401 is amended to read as follows:

23  19-5-401. Allocations for fiscal year 2025-2026 and thereafter.

24 Commencing with the fiscal year beginning July 1, 2025, and each fiscal year

25 thereafter, the Treasurer of State shall transfer all remaining general

26 revenues available for distribution on the last day of business in July 2025,

27 and on the last day of business in each calendar month thereafter during the

28 fiscal year to the various funds and fund accounts participating in general

29 revenues in the proportions of the maximum allocation as the individual

30 allocation to the fund or fund account bears to the total of the maximum

31 allocation as provided in � 19-5-402 (a).

32

33  SECTION 3. Arkansas Code 19-5-402 is amended to read as follows:

34  19-5-402. Maximum allocations of revenues for fiscal year 2025-2026 and

35 thereafter.

36 (a) ALLOCATION A. The Treasurer of State shall first make monthly allocations

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1 in the proportions set out in this subsection to the funds and fund accounts

2 listed below until there has been transferred a total of six billion four

3 hundred ninety three million nine hundred ninety eight thousand nine hundred

4 eighty-one dollars ($6,493,998,981) or so much thereof as may become

5 available; provided, that the Treasurer of State shall make such monthly

6 allocations in accordance with each fund or fund account's proportionate part

7 of the total of all such allocations set forth in this subsection:

8 Name of Fund or Fund Account                             Maximum Allocation

9

10  PUBLIC SCHOOL FUND

11  (1) Division of Elementary and Secondary Education

12  Public School Fund Account                             $2,443,582,431

13  (2) State Library Public School Fund Account           $ 5,641,919

14  (3) Division of Career and Technical Education Public

15  School Fund Account                                    $ 26,883,872

16  (4) Division of Career and Technical Education Public

17  School Fund Account - Adult Education                  $ 8,489,176

18

19  GENERAL EDUCATION FUND

20  (1) Division of Elementary and Secondary Education

21  Fund Account                                           $ 18,282,199

22  (2) Educational Facilities Partnership Fund Account    $                 -

23  (3) Division of Public School Academic Facilities

24  and Transportation Fund Account                        $ 3,052,280

25  (4) Educational Television Fund Account                $ 5,986,636

26  (5) School for the Blind Fund Account                  $ 8,392,869

27  (6) School for the Deaf Fund Account                   $ 12,098,079

28  (7) State Library Fund Account                         $ 3,923,088

29  (8) Division of Career and Technical Education Fund

30  Account                                                $                 -

31  (9) Rehabilitation Services Fund Account               $ 11,942,101

32  (10) Child Care Grant Fund Account                     $ 7,056,193

33  (11) Child Care and Early Childhood Education

34  Fund Account                                           $ 2,589,553

35  Technical Institutes:

36  (12) Northwest Technical Institute Fund Account        $ 3,388,836

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1

2   DEPARTMENT OF HUMAN SERVICES FUND

3   (1) Department of Human Services Administration

4   Fund Account                                          $ 25,037,046
                                                               139,733,393
5   (2) Children and Family Services Fund Account                53,431,260
                                                                 65,603,057
6   (3) Youth Services Fund Account                                2,564,587

7   (4) Developmental Disabilities Services Fund Account   1,402,725,705
                                                               104,981,456
8   (5) Medical Services Fund Account
                                                                   5,998,017
9   (6) Department of Human Services Grants Fund Account         58,700,789

10  (7) Behavioral Health Services Fund Account           $ 7,755,838
                                                                 19,870,371
11  (8) Provider Services and Quality Assurance Fund               4,019,479
                                                                 12,066,588
12  Account                                                      43,619,625

13  (9) County Operations Fund Account                           20,660,189

14                                                             343,674,492

15  STATE GENERAL GOVERNMENT FUND                              139,398,915
                                                               107,773,354
16  (1) Division of Arkansas Heritage Fund Account
                                                                   8,931,344
17  (2) Department of Agriculture Fund Account                   22,082,257

18  (3) Department of Labor and Licensing Fund Account             4,297,361
                                                                 83,280,732
19  (4) Division of Higher Education Fund Account
                                                          $ 21,428,616
20  (5) Higher Education Grants Fund Account              $ 34,800,000
                                                          $ 2,204,581
21  (6) Arkansas Economic Development Commission

22  Fund Account

23  (7) Division of Correction Inmate Care

24  and Custody Fund Account

25  (8) Division of Correction Inmate Care

26  and Custody Fund Account - Medical Contract

27  (9) Division of Community Correction Fund Account

28  (10) Department of the Military Fund Account

29  (11) Parks and Tourism Fund Account

30  (12) Division of Environmental Quality

31  Fund Account

32  (13) Miscellaneous Agencies Fund Account

33

34  COUNTY AID FUND

35  COUNTY JAIL REIMBURSEMENT FUND

36  CRIME INFORMATION SYSTEM FUND

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1   CHILD SUPPORT ENFORCEMENT FUND                             $ 13,288,801

2   PUBLIC HEALTH FUND                                         $ 82,752,300

3   PERFORMANCE FUND                                           $ 3,150,000

4   MOTOR VEHICLE ACQUISITION REVOLVING FUND                   $  -

5   MUNICIPAL AID FUND                                         $ 29,372,099

6   DIVISION OF ARKANSAS STATE POLICE FUND                     $ 94,140,872

7   DIVISION OF WORKFORCE SERVICES FUND-NEW HIRE REGISTRY      $  150,000

8   DIVISION OF WORKFORCE SERVICES FUND-ADULT EDUCATION        $ 1,057,391

9   DIVISION OF WORKFORCE SERVICES FUND-MANUFACTURING

10  EXTENSION NETWORK                                          $  679,545

11  STATE SERVICES FOR THE BLIND FUND                          $ 1,972,456

12  SKILLS DEVELOPMENT FUND                                    $ 3,608,348

13  ARKANSAS CHILDREN'S EDUCATIONAL FREEDOM ACCOUNT FUND       $ 187,487,318

14  SUSTAINABLE BUILDING MAINTENANCE PROGRAM FOR STATE-

15  SUPPORTED INSTITUTIONS OF HIGHER EDUCATION REVOLVING LOAN

16  FUND                                                       $ 2,881,420

17

18  INSTITUTIONS OF HIGHER EDUCATION

19  (1) ARKANSAS STATE UNIVERSITY FUND                         $ 62,862,957

20  (2) ARKANSAS TECH UNIVERSITY FUND                          $ 35,628,929

21  (3) HENDERSON STATE UNIVERSITY FUND                        $ 18,457,299

22  (4) SOUTHERN ARKANSAS UNIVERSITY FUND                      $ 17,733,361

23  (5) UNIVERSITY OF ARKANSAS FUND                            $ 136,032,727

24  (6) UNIVERSITY OF ARKANSAS FUND-UA SYSTEM                  $ 3,479,474

25  (7) UNIVERSITY OF ARKANSAS FUND-ARCHEOLOGICAL SURVEY       $ 2,369,274

26  (8) UNIVERSITY OF ARKANSAS FUND-DIVISION OF

27        AGRICULTURE                                          $ 65,800,138

28  (9) UNIVERSITY OF ARKANSAS FUND-CLINTON SCHOOL             $ 2,336,896

29  (10) UNIVERSITY OF ARKANSAS FUND-CRIMINAL JUSTICE

30        INSTITUTE                                            $ 2,458,634

31  (11) SCHOOL FOR MATH, SCIENCES, AND ARTS FUND              $ 1,133,048

32  (12) UNIVERSITY OF ARKANSAS AT FORT SMITH FUND             $ 20,886,786

33  (13) UNIVERSITY OF ARKANSAS AT LITTLE ROCK FUND            $ 58,929,169

34  (14) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND            $ 93,012,881

35  (15) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND -

36        CHILD ABUSE/RAPE/DOMESTIC VIOLENCE                   $  350,000

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1   (16) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND -

2   PEDIATRICS/PSYCHIATRIC RESEARCH                        $ 1,985,100

3   (17) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND -

4   INDIGENT CARE                                          $ 5,438,340
                                                           $ 16,362,815
5   (18) UNIVERSITY OF ARKANSAS AT MONTICELLO FUND         $ 21,464,639

6   (19) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND

7   (20) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND - 1890

8   LAND GRANT STATE MATCH                                 $ 5,800,000
                                                           $ 55,018,565
9   (21) UNIVERSITY OF CENTRAL ARKANSAS FUND               $ 8,845,933
                                                           $ 11,333,296
10  (22) ARKANSAS NORTHEASTERN COLLEGE FUND                $ 3,571,700
                                                           $ 6,451,670
11  (23) ARKANSAS STATE UNIVERSITY - BEEBE FUND

12  (24) ARKANSAS STATE UNIVERSITY - MOUNTAIN HOME FUND

13  (25) ARKANSAS STATE UNIVERSITY - NEWPORT FUND

14  (26) COSSATOT COMMUNITY COLLEGE OF THE UNIVERSITY

15  OF ARKANSAS FUND                                       $ 3,750,333

16  (27) UNIVERSITY OF ARKANSAS EAST ARKANSAS COMMUNITY

17  COLLEGE FUND                                           $ 8,708,498
                                                           $ 4,058,019
18  (28) ARKANSAS STATE UNIVERSITY MID-SOUTH FUND          $ 1,527,000
                                                           $ 8,995,082
19  (29) ARKANSAS STATE UNIVERSITY MID-SOUTH FUND - ADTEC  $ 7,529,669
                                                           $ 11,479,213
20  (30) NATIONAL PARK COLLEGE FUND

21  (31) NORTH ARKANSAS COLLEGE FUND

22  (32) NORTHWEST ARKANSAS COMMUNITY COLLEGE FUND

23  (33) PHILLIPS COMMUNITY COLLEGE OF THE UNIVERSITY

24  OF ARKANSAS FUND                                       $ 8,756,310

25  (34) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT RICH

26  MOUNTAIN FUND                                          $ 3,656,930

27  (35) SAU-TECH FUND                                     $ 5,525,530

28  (36) SAU-TECH FUND-ENVIRONMENTAL TRAINING ACADEMY      $  375,036

29  (37) SAU-TECH FUND-FIRE TRAINING ACADEMY               $ 1,780,943

30  (38) SOUTH ARKANSAS COLLEGE FUND                       $ 5,962,675

31  (39) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT

32  BATESVILLE FUND                                        $ 4,318,464

33  (40) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT

34  HOPE-TEXARKANA FUND                                    $ 4,554,683

35  (41) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT

36  MORRILTON FUND                                         $ 5,073,879

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1   (42) BLACK RIVER TECHNICAL COLLEGE FUND                  $ 7,187,648

2   (43) ARKANSAS STATE UNIVERSITY THREE RIVERS FUND         $ 3,347,546

3   (44) OZARKA COLLEGE FUND                                 $ 3,183,318

4   (45) UNIVERSITY OF ARKANSAS - PULASKI TECHNICAL COLLEGE

5   FUND                                                     $ 14,694,332

6   (46) SOUTHEAST ARKANSAS COLLEGE FUND                     $ 5,301,408

7

8   SECTION 4. NOT TO BE INCORPORATED INTO THE ARKANSAS CODE NOR PUBLISHED

9 SEPARATELY AS SPECIAL, LOCAL AND TEMPORARY LAW. DUPLICATE ACTS. If the

10 House bill to amend the Revenue Stabilization Law and the Senate bill to

11 amend the Revenue Stabilization Law of the 2025 Regular Session of the 95th

12 General Assembly are both enacted and adopted by the 95th General Assembly in

13 identical form, then the last Act passed or latest expression shall supersede

14 the other.

15

16  SECTION 5. EMERGENCY CLAUSE. It is found and determined by the

17 General Assembly of the State of Arkansas that changes in the state's fiscal

18 laws must take effect at the beginning of the fiscal year; and that it is

19 necessary for this act to become effective on July 1, 2025, to avoid a lapse

20 in critical and essential services that the state government provides to the

21 citizens of this state at the beginning of the next fiscal year. Therefore,

22 an emergency is declared to exist, and this act being necessary for the

23 preservation of the public peace, health, and safety shall become effective

24 on July 1, 2025.

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